I opened $AMZN 20250207 230.0 PUT$ , Entering a CSP to start wheel. Amazon (AMZN) is experiencing strong bullish sentiment ahead of its Q4 earnings announcement on January 30, 2025. Analysts expect record revenue of $187.3 billion, a 10% YoY growth, driven by robust performance in AWS and other segments
I opened $PDD 20250131 109.0 CALL$ ,Entering a near term covered call on PDD at my cost- basis strike. Significant bullish options flow was detected, with call volumes exceeding expectations and a low put/call ratio (e.g., 0.26 on Jan 17), indicating investor confidence in PDD’s growth potential
I opened $CVNA 20250124 240.0 CALL$ ,Wheeling my CVNA with a covered call. Harness the volatility to squeeze out more premium with a near term expiration
I closed $MARA 20250131 15.0 PUT$ ,Massive run up by the cryptocurrency. Nice uptick in the related stocks. Took the chance to close the position. Secured a 83% credit gains in a week
I closed $SNAP 20250117 13.5 CALL$ ,Securing the full credit gains after 28 days. Finding another chance when SNAP recovers the price a little to enter
I closed $ARM 20250117 144.0 CALL$ ,My covered call expired in the money. Great chance to unload my ARM holdings and focus on getting another trade in next week!
I closed $SNAP 20250117 12.5 CALL$ ,Securing the full credit gains from my covered call. Going to identify chance to enter another covered call next week
I closed $CVNA 20250117 240.0 PUT$ ,My CSP expired in the money. Will be forced to-bought into the underlying CVNA. CVNA had a massive run lately and have strong positive sentiments lately. Good opportunity to start the wheel with covered call next week
I opened $PDD Holdings Inc(PDD)$ ,The counter trade where I got forced to buy PDD when my PDD CSP was exercised few hours earlier. No biggie. Started to wheel with covered call
I closed $PATH 20250117 13.5 CALL$ ,Closing out my covered call at a small gain as it is getting close to my strike. Will prefer to squeeze more premium out of this underlying if possible
I closed $RIOT 20250221 12.0 CALL$ ,Crypto has a massive run up and all crypto-related tickers went with the flow. Took the chance to capture the 94% gains. The power of leverage in options!
I opened $ARM 20250117 144.0 CALL$ ,Entering a same expiration week near term covered call to wheel my current holdings. Will roll if the price recovers a bit